How Much Is Anytime Fitness Worth? (Solved)

Fitness at any time of day or night

Exterior view of an Anytime Fitness in Rosemount, Minnesota.
Headquarters Woodbury, Minnesota, United States
Number of locations 4,520 (2019)
Revenue US$1.45 billion
Website anytimefitness.com

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  • Forbes lists Anytime Fitness as the 14th most promising company on their list of the world’s most promising companies, with a market capitalization of $484 million. By keeping its employee numbers low, the gym is able to charge members only $40 a month while saving money on overhead.

Does Anytime Fitness make money?

The average Anytime Fitness site generates around $441,116 in revenue per year, however after expenses, a franchise owner may anticipate to make approximately $114,000 in profit after costs. In fact, according to the International Health, Racquet and Sportsclub Association, Anytime Fitness is the world’s fastest-growing health and fitness club chain.

Who is the owner of Anytime Fitness?

Anytime Fitness, based in Minnesota, is the industry’s largest employer, employing 10,767 people and generating $1.4 billion in revenue annually. Our purpose is to help individuals flourish by encouraging them to live a healthy and active lifestyle.

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How much do fitness owners make?

Fitness center proprietors currently earn between $26,500 (25th percentile) and $78,000 per year (75th percentile). Top earners (those in the 90th percentile) earn an average of $140,000 a year in the United States. The usual range of pay for a workout facility owner varies by as much as $51,500 dollars from year to year.

What is the most profitable franchise to own?

Franchises with the highest profit margins

  • Franchises with the highest profits

Why is Anytime Fitness so successful?

INDUSTRY LEADERSHIP IN THE FITNESS INDUSTRY One of the key reasons Anytime Fitness has been able to grow in such a competitive sector is its efficient business strategy, which benefits both gym members and gym owners, regardless of where the gyms are strategically placed.

How many Anytime Fitness locations are there in Australia?

Anytime Fitness Australia has more than 500 clubs and offers online workouts.

How many Anytime Fitness locations are there in the UK?

Anytime Fitness is the largest fitness franchise in the United Kingdom, with more than 180 health clubs in the United Kingdom and Ireland, offering members a variety of convenient club locations and opening hours to accommodate a variety of lifestyles. The company takes great satisfaction in providing assistance and coaching to its employees.

How many Anytime Fitness locations are there in the US?

The first Anytime Fitness facility, located in Cambridge, Minnesota, opened its doors in May 2002. With approximately 3,000 clubs in all 50 states and 20 countries on five continents servicing nearly 2 million members, Anytime Fitness has swiftly grown into an international powerhouse in the decade since its founding.

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How many Anytime Fitness clubs are there in the world?

Anytime Fitness has the following characteristics: Anytime Fitness is the fastest-growing gym franchise in the world, according to Entrepreneur magazine’s annual Top Global Franchise list. The company has roughly 3,000 facilities servicing more than 2,600,000 members on five continents and is ranked first on the list.

Is owning a gym a good investment?

Ownership of a gym is not typically accompanied with a regular wage. Earnings are determined by the amount of profit you make, the number of hours you’re willing to put in to keep personnel expenses down, and the amount of cash you want to spend back into your firm. The good news is that if you manage a lucrative gym, you have complete control over your compensation.

How much money does it take to open a gym?

Starting a gym will necessitate the creation of a documented business plan as well as the acquisition of a financing. In accordance with Entrepreneur, the typical cost of starting a gym is between $10,000 and $50,000. Lenders will not evaluate a company loan application unless it is accompanied by a comprehensive business plan.

Is there profit in owning a gym?

The profitability of a gym is dependent on the location and affordability of the area in which the gym is located when it is built. 2. For example, if you have invested around 50 lakh rupees, your yearly turnover would be approximately 15 lakh rupees, which would cover rent, taxes, employee upkeep, and other expenses.

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